Hall Mark L. 4

What Happened
Hall Mark L., Chief Financial Officer of Smithfield Foods (SFD), was granted equity awards on March 10, 2026: 78,353 restricted stock units (RSUs) and 208,653 derivative awards (stock option units). Both grants were reported at an acquisition price of $0.00 (no cash paid). The RSUs and the options vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to Hall’s continued service.

Key Details

• Transaction date: 2026-03-10; Filing date: 2026-03-12 (appears timely).
• Awards: 78,353 RSUs (F1) and 208,653 option/derivative units (F2), total potential interest = 287,006 shares. Reported price per share/unit = $0.00; total cash paid = $0.
• Vesting: Both awards vest in three equal annual installments — on the grant date, 2027-03-10, and 2028-03-10 — subject to continuous service.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1 describes RSUs (each RSU = contingent right to 1 share). F2 describes stock option vesting schedule.
• Filing timeliness: Filing appears timely (filed two days after the transaction), not marked late.

Context
This was a compensation award (code A), not an open-market purchase or sale. RSUs convert into actual shares on vesting; the option/derivative award will require vesting (and typically exercise) to result in issued shares and may require payment at exercise. Such grants are common executive compensation and do not by themselves signal immediate buying or selling of stock.